Greenwich LifesciencesInc Price to Book vs. Shares Owned by Institutions

GLSI
 Stock
  

USD 13.95  0.16  1.16%   

For Greenwich LifesciencesInc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenwich LifesciencesInc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenwich LifesciencesInc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenwich LifesciencesInc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenwich LifesciencesInc over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis.
  
Is Greenwich LifesciencesInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenwich LifesciencesInc. If investors know Greenwich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenwich LifesciencesInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
177.2 M
Return On Assets
(0.21) 
Return On Equity
(0.34) 
The market value of Greenwich LifesciencesInc is measured differently than its book value, which is the value of Greenwich that is recorded on the company's balance sheet. Investors also form their own opinion of Greenwich LifesciencesInc's value that differs from its market value or its book value, called intrinsic value, which is Greenwich LifesciencesInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenwich LifesciencesInc's market value can be influenced by many factors that don't directly affect Greenwich LifesciencesInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenwich LifesciencesInc's value and its price as these two are different measures arrived at by different means. Investors typically determine Greenwich LifesciencesInc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenwich LifesciencesInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Greenwich LifesciencesInc Shares Owned by Institutions vs. Price to Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Greenwich LifesciencesInc's current stock value. Our valuation model uses many indicators to compare Greenwich LifesciencesInc value to that of its competitors to determine the firm's financial worth.
Greenwich LifesciencesInc is one of the top stocks in price to book category among related companies. It is one of the top stocks in shares owned by institutions category among related companies producing about  0.51  of Shares Owned by Institutions per Price to Book. The ratio of Price to Book to Shares Owned by Institutions for Greenwich LifesciencesInc is roughly  1.95 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Greenwich LifesciencesInc by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Greenwich LifesciencesInc's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Greenwich LifesciencesInc's earnings, one of the primary drivers of an investment's value.

Greenwich Shares Owned by Institutions vs. Price to Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Greenwich LifesciencesInc 
P/B 
 = 
MV Per Share 
BV Per Share 
12.09 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Greenwich LifesciencesInc 
Shares Held by Institutions 
 = 
Funds and Banks 
Firms 
6.20 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Greenwich LifesciencesInc Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Greenwich LifesciencesInc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenwich LifesciencesInc will eventually generate negative long term returns. The profitability progress is the general direction of Greenwich LifesciencesInc's change in net profit over the period of time. It can combine multiple indicators of Greenwich LifesciencesInc, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Greenwich LifeSciences, Inc., a clinical stage biopharmaceutical company, focuses on the development of novel cancer immunotherapies for breast cancer and other HER2neu-expressing cancers. Greenwich LifeSciences, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas. Greenwich Lifesciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 3 people.

Greenwich Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Greenwich LifesciencesInc. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Greenwich LifesciencesInc position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Greenwich LifesciencesInc's important profitability drivers and their relationship over time.

Use Greenwich LifesciencesInc in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greenwich LifesciencesInc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greenwich LifesciencesInc will appreciate offsetting losses from the drop in the long position's value.

Greenwich LifesciencesInc Pair Trading

Greenwich LifesciencesInc Pair Trading Analysis

The ability to find closely correlated positions to Greenwich LifesciencesInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenwich LifesciencesInc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greenwich LifesciencesInc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greenwich LifesciencesInc to buy it.
The correlation of Greenwich LifesciencesInc is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greenwich LifesciencesInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenwich LifesciencesInc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Greenwich LifesciencesInc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Greenwich LifesciencesInc position

In addition to having Greenwich LifesciencesInc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cancer Fighters
Cancer Fighters Theme
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 57 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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Please check Risk vs Return Analysis. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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To fully project Greenwich LifesciencesInc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greenwich LifesciencesInc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Greenwich LifesciencesInc's income statement, its balance sheet, and the statement of cash flows.
Potential Greenwich LifesciencesInc investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Greenwich LifesciencesInc investors may work on each financial statement separately, they are all related. The changes in Greenwich LifesciencesInc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Greenwich LifesciencesInc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.